ABOUT LOLSBA
The Watchdog the SBA Hoped Would Never Exist
Our Mission
LOLSBA exists to expose the systemic failures, fraud, and dysfunction within the Small Business Administration. We document the disasters. We amplify the voices of victims. We hold bureaucrats accountable when no one else will. This is not reform. This is accountability through transparency, outrage, and unrelenting documentation.
Why We Exist
In March 2020, the Small Business Administration was tasked with distributing over $1 trillion in emergency relief to American businesses devastated by COVID-19. What followed was the largest fraud event in American history.
While legitimate business owners waited months for help, watched their applications disappear into bureaucratic black holes, and received form-letter denials without explanation, fraudsters and criminals walked away with billions. The SBA's own Inspector General estimates that $200 billion or more may have been stolen through PPP and EIDL fraud.
Meanwhile, the SBA's legacy programs continued their decades-long pattern of dysfunction: 8(a) program fraud, disaster loan delays, processing backlogs, and a customer service experience that would make the DMV look efficient.
LOLSBA was born from rage. The rage of business owners who played by the rules and got nothing. The rage of taxpayers who watched their money disappear into the pockets of criminals. The rage of anyone who has ever spent four hours on hold only to be told their case was "under review" for the 47th time.
What We Do
We are investigators, documentarians, and amplifiers. We track every fraud prosecution, every whistleblower report, every bureaucratic failure. We provide resources for victims navigating the SBA maze. We create the permanent record of dysfunction that the government hopes everyone will forget.
Our Values
Radical Transparency
We publish what we find. No sanitizing, no political spin, no protecting reputations. The facts speak for themselves, and they're damning.
Victim-Centered
Every number is a story. Every fraud case has victims. We center the experiences of honest business owners who were failed by the system.
Persistent Documentation
Governments count on people forgetting. We don't forget. We archive everything. The record will outlast the bureaucrats.
Dark Humor
Sometimes you have to laugh to keep from screaming. We use satire and humor to expose absurdity, because the alternative is despair.
The Story So Far
COVID Relief Chaos Begins
SBA launches PPP and expands EIDL. Systems crash. Fraud begins immediately. Legitimate businesses wait.
The Fraud Tsunami
Inspector General reports emerge. Billions confirmed stolen. Prosecutions begin but barely scratch the surface.
LOLSBA Launches
We begin systematic documentation of SBA failures, fraud prosecutions, and victim stories.
New Administration, New Scrutiny
Kelly Loeffler becomes SBA Administrator. Fraud investigations intensify. Palantir contract signed.
Minnesota Bombshell
6,900 borrowers suspended for $400M in fraud. The crackdown enters a new phase. We're watching.
What We Are NOT
We are not affiliated with the SBA or any government agency. We receive no government funding. We have no inside connections protecting us from telling the truth.
We are not a legal services provider. While we provide information and resources, we cannot give legal advice. If you're facing serious SBA issues, consult an attorney.
We are not neutral. We are explicitly biased toward honest business owners who were failed by a system designed to help them. We make no apologies for this.
We are not going away. As long as the SBA continues to fail American businesses, we will continue to document, expose, and mock those failures.
Join the Fight
Have an SBA horror story? Know about fraud? Want to help expose dysfunction? We want to hear from you.
Contact
For tips, story submissions, and general inquiries, use our secure submission form.
For press inquiries and interview requests, please include "PRESS" in your submission subject line.
We protect our sources. Anonymous submissions are accepted and encouraged.